Anne M. Bauer - 01 Mar 2026 Form 4 Insider Report for Quad/Graphics, Inc. (QUAD)

Role: VP, Chief Accounting Officer
Signature: /s/ Alexander N. Pyke, attorney-in-fact for Anne M. Bauer
Issuer symbol: QUAD
Transactions as of: 01 Mar 2026
Net transactions value: -$38,185
Form type: 4
Filing time: 03 Mar 2026, 10:45:21 UTC
Previous filing: 05 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BAUER ANNE M	VP, Chief Accounting Officer	C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX	/s/ Alexander N. Pyke, attorney-in-fact for Anne M. Bauer	03 Mar 2026	0001235538

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QUAD	Class A Common Stock	Tax liability	$38,185	-5,526	-9.4%	$6.91	53,281	01 Mar 2026	Direct	F1
holding	QUAD	Class A Common Stock						339	01 Mar 2026	By 401(a) Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock previously issued.
F2	Shares acquired under the Company Savings Plan based on information furnished by the Plan Administrator as of 02/28/2026.